JS Global Lifestyle Company Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2025. For the period, the company expects to record net loss of no more than USD 22.5 million compared to
net profit of approximately USD 8.8 million from a year ago. The net loss in the Group's performance for the 2025 Annual was mainly attributable to: Strategic investment in expanding the Asia-Pacific market: to lay a solid foundation
for long-term growth, the Group continued to increase investments in brand building, product promotion, omni-channel distribution expansion, and organizational capability enhancement across the Asia-Pacific region throughout 2025 Annual. While related expenditures recognized in the current period had an impact on short-term profitability, they provide crucial support for the Group's future business expansion and market share growth. Operations in this region are currently in an active development phase, with long-term value set to be progressively realized; Reduction in related procurement services: decrease in sourcing service income charged by the Group on sourcing services provided by the Group to a subsidiary of SharkNinja Inc.
JS Global Lifestyle Co Ltd is a company mainly engaged in the household appliances business. The Company operates through two segments. The Joyoung segment is mainly engaged in the design, manufacture, marketing, export and distribution of small kitchen electrical appliances under the brand of 'Joyoung'. The SharkNinja APAC segment is mainly engaged in the design, marketing, manufacture, provision of sourcing services, export, import and distribution of floor care products, hard-surface steam cleaning products, small kitchen appliances, personal care appliances and home environment appliances under the brands of 'Shark' and 'Ninja'.
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